| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $297M | $289M | $273M | 2.6% | 9.0% |
| Op. Income | $47M | $40M | $38M | 18.6% | 24.8% |
| Gross Margin | 65.3% | 63.2% | 64.8% | 2.0pp | 0.5pp |
| Net Margin | 11.7% | 11.6% | 10.1% | 0.1pp | 1.7pp |
| EPS (Diluted) | $0.22 | $0.21 | $0.17 | 4.8% | 29.4% |
| Free Cash Flow | $78M | $55M | $68M | 41.7% | 13.6% |
| Item | Amount |
|---|---|
| REVENUE | $297M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $194M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $121M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $250M |
| OPERATING INCOME | $47M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $27M |
| EBIT | $45M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $297M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $194M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $121M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $250M |
| OPERATING INCOME | $47M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $27M |
| EBIT | $45M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$76M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$84M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $0 |
| Net Receivables | $218M |
| Inventory | $188M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $635M |
| PP&E (Net) | $335M |
| Goodwill | $965M |
| Intangible Assets | $461M |
| Long-Term Investments | $256M |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $300M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $38M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $431M |
| TOTAL LIABILITIES | $592M |
| Common Stock | $2M |
| Additional Paid-In Capital | $876M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$86M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $395M |
| Net Debt | $218M |
